Blog Archives

Investor Who Called Housing Top and Bottom Says It’s Time to Sell

(Bloomberg) — Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor. Now that housing prices are again at historic highs, Kiesel is thinking of selling again. Can he be […]

Analysis: From chips to ships, shortages are making inflation stick | Reuters

Editorial Comment – Hmm, print historically unprecedented amounts of fiat currency then prices rise and stay there…who could have seen this coming? 😉 Soaring gas prices, staff shortages, a lack of ships — price pressures globally may be picking up faster than anticipated, challenging the view that inflation will prove transitory. — Read on www.reuters.com/article/global-markets-inflation/analysis-from-chips-to-ships-shortages-are-making-inflation-stick-idUSL8N2QV1GH

Hot Northwest Arkansas Housing Market Struggles With High Prices and Low Inventory

Average home prices in Northwest Arkansas are increasing faster than wages as area home inventories continue to decline, according to a new real estate report. Meanwhile, the low inventory has led residents to lease multifamily housing, resulting in rising rents and falling vacancy rates. The area has been a popular destination for those who appreciate […]

Is This Giant Hydroponic Greenhouse in Kentucky the Future of Farming?

Are AI-controlled greenhouses containing endless rows of tomatoes growing in soilless containers the future of agriculture? Read more below: — Read on www.yahoo.com/entertainment/giant-hydroponic-greenhouse-kentucky-future-120048610.html

Home Prices in the U.S. Soar 23%, the Fastest Rate on Record

(Bloomberg) — U.S. home prices rose the most on record in the second quarter as buyers battled for a scarcity of listings.The median price of an existing single-family home jumped 23% from a year earlier to an all-time high of $357,900, the National Association of Realtors said in a report Thursday. About 94% of 183 […]

Wolfgang Puck: ‘Waiters make $120,000 a year but I can’t find them’

Waitstaff are making $120,000?! During my university days, granted they were some years back, I got $2.14 per hour plus tips. Not even award-winning celebrity chef Wolfgang Puck is immune to the labor shortage plaguing the restaurant industry. — Read on finance.yahoo.com/news/wolfgang-puck-waiters-make-120000-a-year-but-i-cant-find-them-163442777.html

Modern farming: Coronavirus outbreak spurs high-tech greenhouse boom in China | Reuters

At Chongming Island just outside Shanghai, China’s most populous city, workers collect and pack tomatoes and cucumbers at a glass greenhouse operated by Dutch company FoodVentures, which harvested their first batch of produce at the site in May. Source: Modern farming: Coronavirus outbreak spurs high-tech greenhouse boom in China | Reuters

There are more than 8 million empty homes in rural Japan, and local governments are selling them for as little as $500 in a bid to lure residents

Tired of all the high prices, noise and pollution and looking for an escape from the big city? How about moving to the Japanese countryside for free? — Read on www.yahoo.com/news/more-8-million-empty-homes-103413523.html

Salt Lake City is building a tiny home village 

Salt Lake City is building a tiny home village to address homelessness. Is it just a quick fix for an economic hiccup, or is it the beginning of a new long-term housing trend prioritizing reconnection with community instead of material accumulation? Read more below. Source: Salt Lake City is building a tiny home village with […]

Opinion: Bill Gates and Warren Buffett should thank American taxpayers for their profitable farmland investments – MarketWatch

Congress has reduced risk by using taxpayer funds to underwrite crop prices and cash revenues. — Read on www.marketwatch.com/story/bill-gates-and-warren-buffet-should-thank-american-taxpayers-for-their-profitable-farmland-investments-11615382905